Ecobank sues Zakhem over Nairobi-Mombasa pipeline loan

In:

Oil & gas

Region:

Middle East & Africa

Ecobank is suing Zakhem International Construction, a firm that built the recently completed Nairobi-Mombasa pipeline, over a KES5.2 billion ($52.7 million) loan that is allegedly in arrears. The Kenya Pipeline Company (KPC) awarded Zakhem Cyprus a KES48 billion tender to build the 20-inch...

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